From the Harvard Crimson: Harvard’s Arts and Humanities division instructed department heads to collectively reduce their budgets for non-personnel spending by roughly $1.95 million as divisions across the Faculty of Arts and Sciences implement cost-cutting plans. Faculty in the Science and Social Science divisions of Harvard’s liberal arts school said they have not yet heard from their divisional leaders about targeting a specific expenditure cut, but several departments in both divisions have shrunk their budgets for the coming year. The move comes months after FAS professors were told to develop contingency plans for departmental budget shortfalls, the latest response to the funding pressures brought by the Trump administration’s attacks on Harvard’s funding.
FAS spokesperson James M. Chisholm confirmed in a statement that some of the contingency plans developed earlier this year have now been implemented. Harvard’s budget has come under relentless pressure since Donald Trump stormed back to the presidency. His administration has frozen more than $2.7 billion in federal funding to Harvard. And in July, Congress passed an endowment tax hike that raised the tax on the University’s endowment income from 1.4 percent to 8 percent. Harvard officials estimate that the combined impact of federal actions could cost the University $1 billion annually...
Full story at https://www.thecrimson.com/article/2025/8/24/bgltq-fgli-tutors-removed/.
No comments:
Post a Comment